Meged oil field

Meged oil field
Meged oil field
	Meged oil field at sunset, February 2011
	Location of the Meged oil field within Israel
Country	Israel
Region	Central District
Location	Rosh HaAyin
Offshore/onshore	Onshore
Coordinates	32°2′27.22″N 35°0′0.76″E / 32.0408944°N 35.0002111°E
Operator	Givot Olam
Field history
Discovery	2004
Start of development	2004
Start of production	2010
Production
Estimated oil in place	200 million tonnes; (~ 242.5×106 m3 or 1525 million bbl)

The Meged oil field is an oil field that was first discovered in the 1980s but declared to not be commercially viable at the time.^[1] In 2004, Givot Olam Oil [he] declared to have made it commercially viable to drill. It is one of the largest on-shore oil fields in Israel. It began production in 2010 and produces oil as well as some natural gas. Its proven oil reserves are about 1,525 million barrels (242.5×10^⁶ m³).^[2]

^ Enav, Peter (12 September 2004). "Drilling for the future in Israel". Spartanburg Herald-Journal. Jerusalem. Associated Press. p. E7. Retrieved 30 January 2012.
^ "Gevaot Olam: Meged 5 Oil Field Has 1.5 Billion Barrels". Arutz Sheva. August 17, 2010. Archived from the original on 28 March 2012. Retrieved 1 January 2011.

[enav-1] Enav, Peter (12 September 2004). "Drilling for the future in Israel". Spartanburg Herald-Journal. Jerusalem. Associated Press. p. E7. Retrieved 30 January 2012.

[driza-2] "Gevaot Olam: Meged 5 Oil Field Has 1.5 Billion Barrels". Arutz Sheva. August 17, 2010. Archived from the original on 28 March 2012. Retrieved 1 January 2011.

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